BOJ to keep policy as it is until at least July 2024 - poll

  • The findings from Reuter's latest poll on economists on the BOJ
  • 5% (1 of 22) expect BOJ to start unwinding ultra-easy policy this year
  • 55% expect that to happen some time after July next year
  • 73% expect the BOJ to end yield curve control some time next year

On the final bit, that is seen up from 50% in the July poll at least. However, after the latest tweak last month, there is only one economist (5%) that sees the BOJ doing more this year to scale back on their ultra-easy policy. That is down from roughly 50% in the July survey. It seems like the line of thinking here is that Ueda is going to kick the can until after the spring wage negotiations next year.

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